[ad_1]
©Reuters. Bit2Me launches cryptocurrency service for banks, companies and institutions
Madrid, Oct 13 (.).- The Bit2Me platform, recognized by the Bank of Spain as a provider of virtual currency services, launches a service with which banks, companies and public institutions can start trading, buying and selling and custody of cryptocurrencies.
As reported this Thursday, the new product, called Bit2Me Crypto API, has been specially designed for regulated entities, a sector in which traditional banking is found, but this service can be used by other businesses such as neobanks, fintech, startup ups, or even public institutions.
The launch of this product comes after the announcement by Telefónica (BME:) of “a significant investment” in Bit2Me and will allow, for example, that a bank can “overnight” provide crypto services to its customers.
For its creators, the service saves time, knowledge and operations by offering the necessary levels of security and regulatory compliance.
[ad_2]